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IMF urges stricter regulations on imported vehicles in Pakistan

IMF pushes for tighter rules on vehicle imports in Pakistan

The International Monetary Fund (IMF) has reportedly called for stricter regulations on vehicle imports in Pakistan, with new procedures expected to take effect from July 1.

According to officials in the Ministry of Industries and Production, the proposed framework introduces rigorous standards and verification measures to ensure only compliant vehicles enter the country.

The IMF has stressed that substandard or unsafe vehicles should not be allowed for import. It has also recommended restricting imports by non-filers or individuals not registered in the tax system.

Sources said the ministry has drafted new rules in line with IMF guidelines. Under the proposal, only companies with a valid National Tax Number (NTN) and registered under the Companies Act 2017 would be eligible to import vehicles, effectively barring individuals and sole proprietors.

Importers of used vehicles would also be required to register with the Engineering Development Board (EDB).

The guidelines further state that vehicles lacking after-sales support, spare parts availability, or trained service personnel would not qualify for import.

Commercial importers would need to demonstrate proper after-sales arrangements, access to genuine parts, trained staff, and modern diagnostic facilities.

Additionally, pre-shipment inspection certificates confirming compliance with quality and environmental standards would be mandatory, along with fitness certifications. Post-shipment inspections would also be required after the vehicles arrive.

Importers would also be required to maintain detailed digital records of all imported vehicles, including engine and chassis numbers, to ensure transparency and traceability.

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